https://www.taxtmi.com/caselaws?id=755731 The ITAT quashed the reassessment order for A.Y. 2013-14, deeming the reopening under Section 147 invalid due to non-compliance with statutory time limits and lack of evidence of income escaping assessment. The appeal was allowed as the reopening was based on outdated information and no failure to disclose material facts by the assessee was found. en-us Wed, 03 Jul 2024 00:00:00 +0530 Thu, 18 Jul 2024 06:53:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755731 The ITAT quashed the reassessment order for A.Y. 2013-14, deeming the reopening under Section 147 invalid due to non-compliance with statutory time limits and lack of evidence of income escaping assessment. The appeal was allowed as the reopening was based on outdated information and no failure to disclose material facts by the assessee was found. Case-Laws Income Tax Wed, 03 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755731